Gov. Daniels makes video pitch for bussiness to come to Indiana

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INDIANAPOLIS - Always playing Indiana's pitchman, Gov. Mitch Daniels has posted to YouTube his case for businesses to locate to the state.

The Republican shot a 90 second video to compete in a "Twitter battle" as CNBC ranks America's top states for businesses. Governors from each state were invited to submit videos explaining why they ought to win.

"We are now in the top five in every ranking," Daniels says, "of the best places to do business."

He cited the state's AAA credit rating, its "very solvent position," and kudos Indiana has earned from places such as Site Selection magazine.

"Our regulatory system is one of the quickest, most consistent in America. Our litigation climate is sane and reasonable. We are building infrastructure at record rates while other states are crumbling," Daniels says in the video.

"The highest act of corporate citizenship, as far as we're concerned, is success — making money, making profits, so that one day they will hire another Hoosier."

Daniels' pitch wasn't enough. CNBC ranked Indiana 14th — ahead of its Midwestern neighbors, as Ohio came in at No. 25, Illinois at No. 26 and Kentucky at No. 36.

Indiana received high grades for its economy, its business friendliness, its cost of living and its cost of doing business. The state ranked lower in quality of life and access to capital.

The top-ranked state by CNBC was Texas, followed by Utah, Virginia, North Carolina and North Dakota.

The U.S. Chamber of Commerce also recently released a report on the states' business climates.

Indiana earned high marks for its cost of living, transportation system, business tax climate and short-term job growth.

"With a balanced budget, dropping unemployment rates, and strong bond rating, Indiana is gaining momentum in its recovery from the recent economic downturn," the report said. However, it did not rank Indiana among its top 10.